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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #21  
Old 11-30-2007, 07:58 PM
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Default Re: SHCM reverse merger news out

Quote:
Originally Posted by fz4fun View Post
This info just posted on another board
(I'm not real surprised either)

SHCM on SHO list :0)!!http://www.nasdaqtrader.com/aspx/regsho.aspx

With last weeks daily volume, it makes sense.

Despite mgmt claims of no dilution, the MM's are shorting this sucker right now.

Stay tuned for PR this AM and keep the finger on the trigger just in case
So would it be wise to throw some money at. I need to average down, but want to get in without it going much lower. Whats the word on these stocks that get shorted? For how long does this usually go on?
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  #22  
Old 11-30-2007, 10:12 PM
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Default Re: SHCM reverse merger news out

.01 is supposed to be base
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  #23  
Old 11-30-2007, 11:47 PM
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Default Re: SHCM reverse merger news out

I would never suggest to anyone a time to buy in or average down. Every individual has to assess and determine how much risk a play is. I still think this one has the real potential to run again. If you watch these pinkies long enough, you get a pretty good feel for the ebb and flow of it. Because of how this one behaved the last few days, it is going to take a lot of patience to get your money out of it because the MM's are really playing with this one. If you see L-II's and watch sells of 100 shares take the stock down and then bounce all day, it's not regular behavior.
I personally added more today near the bottom, but had to head to work by 1 PM so I couldn't wait for the absolute bottom. It is real hard to tell what the real float is on this one. Up until tonight I was pretty sure the O/S was 45 million and based on daily volume-big time shorting had to be occurring on it. But, I saw a report on another site (not a forum site either) that said the float was only 7.5 mill shares. If that is true and the naked shorting ends next week with new SEC regs, this dog could skyrocket with a short sqeeze play and that is why I think the stock has done what it did the last 2 days.

Finally, it could be that this is just one more stinkie pinkie that sucked me in again and took cash---but I really think patience will reward me and anyone else who holds on. I am already big red right now so might as well wait a little longer

Hope the info helps you





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  #24  
Old 12-01-2007, 12:05 AM
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Default Re: SHCM reverse merger news out

seems like 0.01 might be the base for it as it seems like gap is going to get filled, and hopefully then it can move back up.
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  #25  
Old 12-01-2007, 12:06 AM
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Default Re: SHCM reverse merger news out

Quote:
Originally Posted by fz4fun View Post
I would never suggest to anyone a time to buy in or average down. Every individual has to assess and determine how much risk a play is. I still think this one has the real potential to run again. If you watch these pinkies long enough, you get a pretty good feel for the ebb and flow of it. Because of how this one behaved the last few days, it is going to take a lot of patience to get your money out of it because the MM's are really playing with this one. If you see L-II's and watch sells of 100 shares take the stock down and then bounce all day, it's not regular behavior.
I personally added more today near the bottom, but had to head to work by 1 PM so I couldn't wait for the absolute bottom. It is real hard to tell what the real float is on this one. Up until tonight I was pretty sure the O/S was 45 million and based on daily volume-big time shorting had to be occurring on it. But, I saw a report on another site (not a forum site either) that said the float was only 7.5 mill shares. If that is true and the naked shorting ends next week with new SEC regs, this dog could skyrocket with a short sqeeze play and that is why I think the stock has done what it did the last 2 days.

Finally, it could be that this is just one more stinkie pinkie that sucked me in again and took cash---but I really think patience will reward me and anyone else who holds on. I am already big red right now so might as well wait a little longer

Hope the info helps you





Nicely said!!! I'm red right along with you and I'm holding also.

I think (or hope) this will still see some news and a nice run
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  #26  
Old 12-01-2007, 01:08 AM
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Default Re: SHCM reverse merger news out

Quote:
Originally Posted by fz4fun View Post
I would never suggest to anyone a time to buy in or average down. Every individual has to assess and determine how much risk a play is. I still think this one has the real potential to run again. If you watch these pinkies long enough, you get a pretty good feel for the ebb and flow of it. Because of how this one behaved the last few days, it is going to take a lot of patience to get your money out of it because the MM's are really playing with this one. If you see L-II's and watch sells of 100 shares take the stock down and then bounce all day, it's not regular behavior.
I personally added more today near the bottom, but had to head to work by 1 PM so I couldn't wait for the absolute bottom. It is real hard to tell what the real float is on this one. Up until tonight I was pretty sure the O/S was 45 million and based on daily volume-big time shorting had to be occurring on it. But, I saw a report on another site (not a forum site either) that said the float was only 7.5 mill shares. If that is true and the naked shorting ends next week with new SEC regs, this dog could skyrocket with a short sqeeze play and that is why I think the stock has done what it did the last 2 days.

Finally, it could be that this is just one more stinkie pinkie that sucked me in again and took cash---but I really think patience will reward me and anyone else who holds on. I am already big red right now so might as well wait a little longer

Hope the info helps you





Thank you. I am not in for that much. But also red. Cost basis is at like .020 so not that bad for the highs that it has had. Thank you for the input
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  #27  
Old 12-03-2007, 06:04 PM
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Default Re: SHCM reverse merger news out

OK--- now the "HUGE PR" slated to be last Fri has been pushed back to "no later than next week, but possibly sooner"....

Methinks I may have fallen and can't get back up here.....again. AAAAARGHHHH-not again Charley Brown.
This is really starting to smell a lot more like a VERY TYPICAL stinkie pinkie here.

The only thing keeping me from taking the big hit now before more 'dilution' occurs is the chart for this sucker

Am I wrong or is a near perfect "Cup & Handle" just about done forming here? I would love someone with mare chart expertise here to validate that for me. If that is the case, and some PR actually hits, this could gap up big time.

I personally advise extreme caution with this play. As much as I want to believe the company to be legit, too many typical moves are occurring. I am still holding a whole bunch of shares and need a run to get out green here...But be careful if you play this one.
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  #28  
Old 12-04-2007, 01:53 AM
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Default Re: SHCM reverse merger news out

same here


just waiting for it it to go back up to .03 then i'm OUT
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  #29  
Old 12-07-2007, 11:56 AM
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Default Re: SHCM reverse merger news out

Dec 7, 2007 11:26:01 AM

DECATUR, Ind., Dec 07, 2007 (BUSINESS WIRE) --

Revenge Designs, presently operating within the public company name Southern Cosmetics, Inc. (Pink Sheets:SHCM), announced today that the company had 189,989,934 shares of common stock outstanding as reported on 12/6/2007 by the company's transfer agent X-Clearing Corporation (a copy of the report is attached within this release).

The company recently engaged Salmon Creek Public Relations Inc. to provide the company with public relations and media relations services. Salmon Creek has supported and launched multiple companies, products and services. Their list of clients includes: consumer goods, entertainment, environmental, human medical services and products, sports, technology and community related non-profit organizations.

Salmon Creek will assist to create and execute strategies and communication plans to increase understanding of the company's business model, enhance business results and support positive returns. Salmon Creek provides the means and experience to reach target audiences through the most effective launches, tours and analyst gatherings possible.

The Company has also recently engaged the services of Action Information to become the Company's newly appointed investor relations contact. Action Information can be reached at 260-637-2565.

Revenge Designs, a specialty car designer and manufacturer, is headquartered in a facility in N.E. Indiana. Mr. Peter Collorafi is a car designer from Queensland, Australia. Peter has been designing and installing modifications for factory produced vehicles since 1980. For more information about Revenge, please visit the company's website located at http://www.revengedesignsllc.com

In the near future, Southern Cosmetics, Inc. will request a change in name to reflect the new direction of the company and Revenge's new management and leadership role at the helm of the public entity.

This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete an acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.

This press release is provided for information purposes only and is not intended to constitute an offer to sell or a solicitation of an offer to buy securities.

SOURCE: Southern Cosmetics, Inc.

Southern Cosmetics, Inc., Decatur "Revenge Designs" Investor Relations: Action Information Brian Kistler, 260-637-2565
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  #30  
Old 12-07-2007, 11:57 AM
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Default Re: SHCM reverse merger news out

Moving up nicely. Lots of volume. Mainly buys. I have been holding for a while. Seeing only red. I have another order to get some more on a dip @ .008
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